In his inaugural year at Stockton University, President Joe Bertolino is contemplating the school’s potential future development in Atlantic City, which includes a comprehensive strategic plan and an associated fundraising campaign. Taking over as the university’s sixth president in Galloway, New Jersey, a year ago, Bertolino described it as a “homecoming.” A native of South… Read more »
Philadelphia restaurateur Michael Schulson is in discussions with Ocean Casino Resort to establish two additional restaurants at the Atlantic City property. Schulson, the founder and owner of the Schulson Collective restaurant group, disclosed plans to focus on Asian cuisine for one concept, while the theme for the other is yet to be determined. Details about… Read more »
Dave & Buster’s is gearing up for the grand opening of its inaugural Atlantic City venue next month, taking over the former space of Jay-Z’s 40/40 Club in the Tanger Outlets. Situated at 2120 Atlantic Ave., this entertainment hotspot will boast over 100 arcade games and a sports bar featuring a colossal 40-foot screen. Patrons… Read more »
Industrial Realty Group has secured a ground lease for roughly 400 acres at the Atlantic City International Airport where it plans to build a mixed-use logistics project in the southern part of the Garden State. Based in Los Angeles and billing itself as one of the largest industrial real estate developers in the nation, Industrial… Read more »
Bader Field juts like an arrowhead out into the Great Thorofare in Atlantic City, one of its decommissioned runways aimed at Ducktown and Bally’s on the boardwalk, the other at MGM Tower past the Expressway. It was the stage for American aviation pioneering as early as 1910. The property housed a municipal airport beginning in… Read more »
The Division of Gaming Enforcement (DGE) released its quarterly and year-to-date gaming figures this week, which show that Atlantic City’s nine casinos were profitable in the second quarter — but not nearly as profitable as just one year ago. The casinos reported Q2 net revenue of $819 million, a 1.2% decrease over last year, and a gross… Read more »
In his remarks following the release of the Division of Gaming Enforcement’s (DGE) June 2023 numbers late last week, New Jersey Casino Control Commission Chairman James Plousis commented that, “Atlantic City’s casino hotels are building synergy between online and traditional gaming by providing customers the opportunity to enjoy the diverse experiences of a destination resort.” *Article… Read more »
Earlier this year, Atlantic City signed a Memorandum of Understanding with DEEM Enterprises LLC for its proposed Renaissance at Bader Field development, a planned $3.2 billion dollar, net-zero carbon LEED Platinum community centered around a race track. Now, the company is marking another milestone on its pursuit to transform the 143-acre tract of land. *Article… Read more »
More than three years in the making, the $100 million highly anticipated Island Waterpark at the Showboat Resort in Atlantic City has set an opening date of June 30. The concept, from Tower Investments CEO Bart Blatstein, is part of a series of investments the Philadelphia developer hopes to make into the beleaguered shore town. Advertised… Read more »
Investment and redevelopment activity has been buzzing throughout Atlantic City, with casinos having collectively invested more than $1 billion into the marketplace over the past several years. It is part of an effort – in the works for some time but really taking shape heading into the summer season – to diversify the non-gaming offerings and… Read more »
